, President 's nominee to lead the Commerce Department, detailed his wealth and influence across hundreds of firms and left open the possibility of his adult children buying his holdings if he wins confirmation.

Lutnick, chief executive officer of Wall Street investment bank and brokerage , confirmed he'll divest his interests in the three core firms that constitute his business group: Cantor Fitzgerald, brokerage and property firm Documents released by the US Office of Government Ethics also show roles in at least 800 legal entities.